Funding you earn now, next payment 12:00 UTC+0.0714%/8h= +78.2% APRnext payment +$0.89 per $10,000 · paid last 24h +0.098%
Price spread now: RISEx against Polymarket Perps+0.116%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 4 days (all we have)+0.398%+$40 on $10k
+Price spread, last 5 days (all we have)−0.110%−$11 · spread now +0.116%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and RISEx is 0.065% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARB-USD | 0.2157 | −0.0438 | get 0.0055% / 1h | 51m 40s | $73K | $1.7M | 10x |
| Short | RISEx ARB/USDC | 0.2160 | 0.0276 | get 0.0035% / 1h | 51m 40s | $546K | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $150.04
- Price spread: +0.116% → +0.050%
- $6.52
- Slippage, 4 orders
- −$10.6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $131.97
- Costs to cover
- 0.246%
- Break-even
- 0.8 days
Slippage from Polymarket Perps: live order book, 5 min ago; RISEx: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 5 min ago | 2.54 bp | 7.0 bp −$7 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 5 min ago | 2.54 bp | 5.5 bp −$6 | 14.5 bp −$145 | doesn't fit | doesn't fit |
ARB on 36 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1644% | 1h | 0.2153 | −0.195% | $39K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0492% | 1h | 0.2159 | +0.077% | $1.0M | $3.9M | 50x | as long as short |
| Polymarket Perps ARB-USDlong | −0.0438% | 1h | 0.2157 | long leg | $73K | $1.7M | 10x | |
| SoDEX ARB-USD | −0.0431% | 1h | 0.2157 | +0.009% | $9K | $2.0M | 5x | as long as short |
| Bybit ARBUSDT | −0.0195% | 8h | 0.2156 | −0.056% | $53.4M | $115.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0169% | 8h | 0.2156 | −0.065% | $22.3M | $131.6M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2158 | +0.046% | $7K | $414 | 10x | as long as short |
| MEXC ARB_USDT | −0.0166% | 8h | 0.2157 | −0.019% | $42.7M | $59.0M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0121% | 1h | 0.2158 | +0.046% | $29K | $32K | 25x | as long as short |
| Gate ARB_USDT | −0.0090% | 8h | 0.2157 | 0.000% | $5.4M | $15.3M | 60x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARB | −0.0069% | 8h | 0.2164 | +0.319% | $1.8M | $2.6M | — | as long as short |
| Binance ARBUSDT | −0.0049% | 8h | 0.2157 | −0.002% | $63.2M | $270.4M | 75x | as long as short |
| Extended ARB-USD | −0.0048% | 1h | 0.2156 | −0.058% | $356K | $3.0M | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0006% | 8h | 0.2157 | −0.009% | $16K | $385K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2159 | +0.062% | $63K | $3K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2159 | +0.095% | $71K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2160 | +0.121% | $3.0M | $2.1M | 75x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2158 | +0.037% | $137K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2158 | +0.028% | $1.3M | $5.0M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2158 | +0.060% | $34.7M | $47.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2159 | +0.073% | $616K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2159 | +0.091% | $53K | $152K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2158 | +0.042% | $18.7M | $12.5M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2156 | −0.056% | $20.7M | $31.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2156 | −0.056% | — | $6.5M | — | as long as short |
| Backpack ARB_USDC_PERP | +0.0100% | 1h | 0.2160 | +0.144% | $966K | $2.5M | 20x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2159 | +0.070% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2157 | −0.010% | $465K | $3.2M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2160 | +0.130% | $117K | $308K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2160 | +0.130% | $1K | $1.0M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2159 | +0.079% | $280K | $747K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2158 | +0.037% | $4.6M | $12.4M | 50x | as long as short |
| RISEx ARB/USDCshort | +0.0276% | 1h | 0.2160 | +0.116% | $546K | $2.3M | 10x | |
| GMX ARB/USD [ARB-USDC] | L +0.0279% / S −0.0162% | 1h | 0.2159 | +0.085% | $825K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2157 | −0.019% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0384% | 1h | 0.2167 | +0.436% | $516K | $1.3M | 50x | as long as short |
Polymarket Perps ARB-USD
RISEx ARB/USDC
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Variational Omni ARB
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
Backpack ARB_USDC_PERP
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX